Ethereum continues to respect the clean horizontal 4H range between ~3350 (support) and ~3950 (resistance), with price now attempting a reclaim of the mid-range following a strong bounce from demand.
Stoch RSI is curling upward, suggesting building bullish momentum — but the real test lies in the upper supply zone, where price has failed several times before.
If price can flip mid-range into support and reclaim the highs with volume, this opens the door for potential range expansion and trend continuation.
Key points:
– Strong bounce from range support
– Mid-range reclaim attempt underway
– Watch for reaction at 3950 resistance
– Stoch RSI rising from bottom = bullish confluence
Until the top breaks cleanly, this remains a range-bound environment — so be prepared for both scenarios. Next moves will define the weekly trend.
Stoch RSI is curling upward, suggesting building bullish momentum — but the real test lies in the upper supply zone, where price has failed several times before.
If price can flip mid-range into support and reclaim the highs with volume, this opens the door for potential range expansion and trend continuation.
Key points:
– Strong bounce from range support
– Mid-range reclaim attempt underway
– Watch for reaction at 3950 resistance
– Stoch RSI rising from bottom = bullish confluence
Until the top breaks cleanly, this remains a range-bound environment — so be prepared for both scenarios. Next moves will define the weekly trend.
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Explore 5,000 Strategies at quanttradingpro.com
Search for the most profitable, lowest risk by symbol!
Search by indicators like Supertrend, Ichimoku, macd.
Join our discord discord.gg/2systG9frc
We provide education & tools.
Search for the most profitable, lowest risk by symbol!
Search by indicators like Supertrend, Ichimoku, macd.
Join our discord discord.gg/2systG9frc
We provide education & tools.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.